Berkshire Hathaway's Q4 operating profit fell 30% year-on-year, hit by weak insurance results and $4.5 billion in impairment losses, as Warren Buffett's final quarter as CEO saw cash holdings dip to $373.3 billion and share buybacks remain on hold.
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Berkshire Hathaway's Q4 Operating Profit Plunges 30% on Weak Insurance Performance
Berkshire Hathaway's Q4 operating profit fell 30% year-on-year, hit by weak insurance results and $4.5 billion in impairment losses, as Warren Buffett's final quarter as CEO saw cash holdings dip to $373.3 billion and share buybacks remain on hold.
Yonhap Infomax
NICE Investors Service Also Upgrades Hanwha Life's Credit Rating to 'AAA'
NICE Investors Service upgrades Hanwha Life's credit rating to 'AAA', citing strong insurance business competitiveness and stable profitability despite capital management pressures
Yonhap Infomax
[Se Yeon Kwak's Prism]Samsung Financial Holdings Boosted by Share Buyback and Cancellation
Samsung Group's financial arm restructures with share cancellations and subsidiary incorporations, potentially boosting value amid regulatory challenges and inheritance tax concerns
Yonhap Infomax
Shipping industry urges Red Sea action as Houthis sink second vessel
Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen's Houthis, leading in
EURACTIV
Multibillion-euro court battle over jets stranded in Russia begins in Dublin
Some of the world's largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday
EURACTIV
Multibillion-euro court battle over jets stranded in Russia begins in Dublin
Some of the world's largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday
EURACTIV
Ten questions for the European Insurance and Occupational Pensions Authority
Dick Roche’s recent commentary ‘Preaching transparency but not practicing it” prompted
EURACTIV
Bulgarian insurer to sue Romania for €500 million over ‘hostile takeover’
Bulgarian insurer Eurohold made public its intention on Thursday (26 October) to sue Romania to the tune of €500 million if the case of the "hostile takeover" of Euroins, its Romanian unit, is not solved to the satisfaction of the Bulgarian side.
www.euractiv.com
Growing tanker fleet, cheaper freight challenge Russian oil price cap
Russian crude oil producers are enjoying the cheapest costs to ship to refiners in China and India in almost a
EURACTIV
Growing tanker fleet, cheaper freight challenge Russian oil price cap
Russian crude oil producers are enjoying the cheapest costs to ship to refiners in China and India in almost a
EURACTIV